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Gastronomic Getaway: Cooking Show Offers Associate an Office Outlet
Marie Hejl, a 27-year-old associate with Locke Liddell & Sapp in Austin hosts a weekly coking show, "It's Easier Than You Think," on PACT Channel 16, an Austin cable access television station.Sun Shines on Select Law Firms
Five years ago, Sun Microsystems worked with about 400 outside law firms. In the last few months, Sun has dramatically pared down its roster of outside counsel to nine firms that handle all its routine work. Apart from the cost-cutting and organizational motivations, Sun GC Michael Dillon says the law firm business has changed. The traditional law firm billable-hours model is "disjointed" from business reality, he said, and the race to meet New York associate salary standards "just exacerbates the problem."The Cloud: Not Cirrus but Quite Serious
If storing data electronically in the Internet cloud can result in a higher level of service and flexibility while saving costs, is there any reason not to do so? Lawyers should consider two key issues before storing data in a cloud: confidentiality and discovery.Firms Act to Keep Partners From Jumping Ship
Lateral movement of partners and practice groups has increased among big firms in recent months, and the growing trend has firms trying a variety of approaches to foster loyalty. Giving partners a vote in all "material initiatives" is critical, says one administrative partner: "If you all know where the ship is headed, you're more eager to get on the oars and take it there." But, as firms become larger and reflect a more corporate structure, issuing an oar to every partner seems to be getting tougher.Rules of the Road for Litigation Hold Memos
In-house counsel frequently encounter litigation hold memos, but many operate without set guidelines on how to handle them, says Ileana Blanco. Accordingly, important information inadvertently may be released.Bondholders who bought into Washington Mutual Bank's $22 billion note offering never agreed to the proposed deal announced last month. At the time, WaMu Inc. said it didn't matter because the bondholders didn't have standing in its Chapter 11. Well, now they do.
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